Sources: Meta cancels a premium MR headset codenamed La Jolla, in development since November, that was meant to debut in 2027 to compete with Apple's Vision Pro
Meta responds Ryan Christoffel / 9to5Mac : Meta just canceled its Vision Pro competitor, reportedly it was too pricey to ‘sell well’ Asma Hussain / iThinkDifferent : Meta cancels Vision Pro competitor...
Cloudflare reports Q2 revenue up 30% YoY to $401M, vs. $394.7M estimated, and raises its full-year 2024 forecast
Yuvraj Malik / Reuters :
Microsoft reports Q4 Intelligent Cloud revenue up 19% YoY to $28.52B, vs. $28.68B est., including Azure and other cloud services up 29% YoY
but there's a rare miss for Azure cloud results Kamya Pandey / MEDIANAMA : Microsoft Reports $64.7 Billion Revenue in Q4 FY24, Marking 15% Increase Yuvraj Malik / Reuters : Microsoft beats quarterly r...
Amazon reports Q1 revenue up 13% YoY to $143.3B, a $10.4B net income, vs. $3.2B YoY, $15.3B operating income, vs. $4.8B YoY, subscription sales up 11% to $10.7B
but fails to deliver dividend Camilla Hodgson / Financial Times : Amazon cloud sales growth accelerates as group prepares for more AI spending Larry Dignan / Constellation Research : AWS annual revenu...
The UK CMA raises concerns after uncovering an “interconnected web” of 90+ AI deals and investments involving Google, Apple, Microsoft, Meta, Amazon, and Nvidia
As the Artificial Intelligence (AI) race heats up primarily due … Finextra : CMA outlines competition concerns with AI Foundation Models GOV.UK : CMA outlines growing concerns in markets for AI Founda...
TSMC's swift response to the earthquake highlights the readiness of Taiwan's chip sector, and experts say Japan's chip industry is similarly well-prepared
top chipmaker says its production is already back up to speed, despite devastating quake Ramish Zafar / Wccftech : TSMC Keeps 2024 Revenue Guidance Unchanged After Taiwan Earthquake Eric J. Savitz / B...
Meta reports Q3 revenue up 23% YoY to $34.15B, net income up 164% YoY to $11.58B, and family daily active people up 7% YoY to 3.14B for September 2023
that's what the Ray Ban glasses are for Ryan Deffenbaugh / Investor's Business Daily : Meta Earnings Crushed Targets. Why Is The Stock Falling Anyway? Yuvraj Malik / Reuters : Facebook-parent Meta bea...
Intel and Tower Semiconductor say the Israeli contract chipmaker will invest $300M in Intel's New Mexico factory, after their $5.4B merger collapsed in August
Yuvraj Malik / Reuters :
Microsoft says it expects to take a charge of about $425M in Q2 for a potential fine from Irish DPC over alleged LinkedIn targeted ads privacy violations
Yuvraj Malik / Reuters :
eBay reports Q1 revenue up 1% YoY to $2.51B, vs. $2.48B est., gross merchandise volume down 5% YoY to $18.4B, and forecasts Q2 revenue guidance above estimates
Yuvraj Malik / Reuters :